Souvenirs are displayed for sale in the window of a shop with a reflection of Windsor Castle, in Windsor, England, where Prince Andrew residence is nearby in the grounds of Windsor Great Park, Thursday, Jan. 13, 2022. A judge has — for now — refused to dismiss a lawsuit against Britain's Prince Andrew by an American woman who says he sexually abused her when she was 17. Stressing Wednesday that he wasn't ruling on the truth of the allegations, U.S. District Judge Lewis A. Kaplan rejected an argument by Andrew's lawyers that Virginia Giuffre's lawsuit should be thrown out at an early stage because of an old legal settlement she had with Jeffrey Epstein, the financier she claims set up sexual encounters with the prince. (AP Photo/Matt Dunham)
Buckingham Palace said on Thursday that Prince Andrew's honorary military titles and royal patronages have been returned to Queen Elizabeth II with her “approval and agreement."
More than 150 navy and army veterans had written to the queen asking her to strip Andrew of all his military ranks and titles after a U.S. judge said Wednesday a sex assault lawsuit against Andrew could go ahead.
In a joint letter issued by the group Republic, they said Andrew had “brought the services he is associated into disrepute.”
The palace said in a brief statement that “with the queen’s approval and agreement, the Duke of York’s military affiliations and royal patronages have been returned to the queen."
“The Duke of York will continue not to undertake any public duties and is defending this case as a private citizen," the statement added.
District Judge Lewis A. Kaplan rejected an argument by Andrew’s lawyers that Giuffre’s lawsuit should be thrown out at an early stage because of an old legal settlement she had with Jeffrey Epstein, the financier she claims set up sexual encounters with the prince.
He stressed that he wasn’t ruling on the truth of the allegations.
Andrew's lawyers have said that the royal never sexually abused or assaulted Giuffre and that he “unequivocally denies Giuffre’s false allegations against him.”
Palace officials have declined to comment on the “ongoing legal matter.”
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Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
